What is the meaning of Depositary?

Depositary is an agent appointed for a Tender or Exchange Offer who accepts certificates from shareholders, processes them and assures that the appropriate cash or new securities are properly remitted to the tendering party.

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APABarry Goldsmith. (2010). depositary. Retrieved September 26, 2026, from http://smartdefine.org/depositary/definitions/1151874
ChicagoBarry Goldsmith. 2010. "depositary" http://smartdefine.org/depositary/definitions/1151874 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, depositary, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/depositary/definitions/1151874>.
MLABarry Goldsmith. "depositary" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/depositary/definitions/1151874>
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